Is Oakley, MI 48649 a buyer’s or seller’s market?

The Oakley housing market right now

In the three months ending August 31, 2026, 25% of homes in Oakley, MI 48649 sold above their list price and the typical home went under contract in 60 days. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (7 days then) and the median sale price fell 52% to $127,945. Overall, Oakley is less competitive than a year ago, which gives buyers more room.

Within Saginaw County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 72%.

Nearby, buyers who want less competition could look at Carrollton 48724 (0% sold over asking) or Frankenmuth 48734 (9% sold over asking), while Saginaw 48607 (100% sold over asking) and Hemlock 48626 (53% sold over asking) are even more competitive.